Advance Tax
Advance tax is the amount of income tax that is paid in advance rather than a lump-sum payment at the year-end. Advance tax is to be paid in instalments as per the due dates decided by the income tax department
Form 9A and 10
Applicable Section for Form 9 A and Form 10 of Income Tax Act, 1961 is section 11 and applicable Rule is 17
Form 64C and 64D
Applicable Section of Income Tax Act, 1961 is section 115UB(7) and applicable Rule is 12 CB
Tax Collect at Source
Tax collected at source (TCS) is the tax collected by the seller from the buyer on sale so that it can be deposited with the tax authorities. Section 206C of the Income-tax act governs the goods on which the seller has to collect tax from the buyers. Such persons must have the Tax Collection Account Number to be able to collect TCS.
Securities Transaction Tax
Section 100(1) states that every Recognized Stock Exchange to collect Securities transaction tax from every person who enters into a taxable securities transaction in that stock exchange. The tax will be charged at the rate specified in Section 98.
Declaration in Form 60
Form for declaration to be filed by an individual or a person (not being a company or firm) who does not have a permanent account number and who enters into any transaction specified in rule 114B